Pakistan's cotton export orders exit due to energy crisis

Pakistan's textile exports may be lower than the 2013 fiscal year's target, mainly due to the energy crisis, while India's exports have begun to show significant growth, a representative of the Pakistani ginning industry said.

Pakistan’s export-oriented textile units still lack current and natural gas supplies, which has caused Pakistan’s textile mills to fail to fulfill and timely deliver yarn orders. As a result, China, Bangladesh and other countries have begun to import cotton yarn from India, said Haki, former executive member of the Pakistan Gunning Association. In the past two months, Indian textile factories have received a record of yarn export orders.

According to initial estimates, Pakistan’s export target of 16 billion U.S. dollars for the current fiscal year is unlikely to be achieved, and this year's cotton export orders may be $3.5 billion lower than the target.

On the other hand, according to the statistics released by the General Administration of Foreign Trade of India, the cotton yarn registered in November 2012 had a large export volume of 100 million kilograms, which is India's highest historical record, 32% higher than November 2011 and 10% compared to 2012. The month is 5% higher. It is expected that this will give Indian exporters a bright opportunity to continue similar cotton yarn export orders.

Hatch once again said that the Indian government has made all efforts to increase the export of cotton and will extend the export of lint through Pakistan to the Pakistani wool port for 30 days. After trade negotiations with Turkey, Turkey cancelled the import of cotton yarn from India. Adjustment tax.

On the other hand, textile exporters in Pakistan face various problems. Containers for export export projects are forcibly confiscated to block roads. At the trade show held in Germany in 2012, many buyers suppressed the order of importing cotton yarns to Pakistan because of the lack of electricity and natural gas in Pakistan that would result in failure to fulfill orders.